Results 11 to 20 of about 1,894 (218)
Of fairies and governments: An ABM evaluation of the expansionary austerity hypothesis
This paper draws on a debate between Robert Skidelsky and Paul Krugman on the expansionary austerity hypothesis as a motivation to build a demand-driven agent-based model. The model features contagion across firms to explore whether fiscal consolidations
Adriano dos Reis M. Laureno Oliveira +2 more
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Like a Scattering from a Fixed Point: Austerity Fiction and the Inequalities of Elsewhere
After the financial collapse of 2008, Ireland imposed a program of fiscal consolidation that was designed to address the debt concerns of the nation. The implementation of austerity measures became the inverse to the high-flying years of the Celtic Tiger.
Jason Buchanan
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The fiscal compact, cyclical adjustment and the remaining leeway for expansionary fiscal policies in the Euro area [PDF]
Fiscal policy in the Euro area is still dominated by austerity measures implemented under the institutional setting of the “reformed” stability and growth pact, and the even stricter “fiscal compact”.
Truger Achim
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Government Debts and Fiscal Deficits in the United Kingdom: A Critical Review
This article intends to examine the issues of public debt and austerity policy in the United Kingdom. It attempts to provide an evaluation of fiscal policy under neoliberalism and to consider the relationship between this policy ...
Kalim Siddiqui
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Public debt dynamics: the interaction with national income and fiscal policy
The 2008 financial crisis triggered the debt crisis in Europe. High debt-to-GDP ratios made it impossible for some countries to apply countercyclical policy in order to overcome the recession.
Vasileios Spyrakis, Stelios Kotsios
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Public revenues and public expenditure nexus: Evidence of Eurozone heterogeneity [PDF]
After the global economic crisis, a broad consensus has emerged that membership in the Eurozone exerts a strong pressure on fiscal policy, since it is characterized by the dichotomy of common monetary policy and heterogeneous fiscal policies.
Glavaški Olgica +2 more
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During the latest global financial crisis, austerity as a concept has been described as the best possible and inevitable solution to achieve fiscal consolidation in Europe and in the euro zone.
Liina Kulu, Viljar Veebel
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Lack of information on the adequacy of fiscal measures undertaken in the COVID-19 crisis and its long-term adverse effects on economic growth and labor market outcomes has raised debates about the impact of fiscal austerity and fears of slower recovery ...
Patrik Barisic, Tibor Kovac
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The potential growth impact of fiscal consolidations
Purpose - This paper aims at analyzing the feasibility of fiscal consolidation implementation in the case of Indonesia. The main question to be investigated is whether fiscal consolidation will deteriorate economic growth or not.
Haryo Kuncoro
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Fiscal consolidation in the EU-28: Multiyear versus cold-shower episodes [PDF]
In the aftermath of the global recession, the need for fiscal consolidation in order to reduce budget deficits and the public debt has intensified, but with the aim to make the measures applied not affect the further slowdown of the economic activity in ...
Olgica Glavaski, Emilija Beker Pucar
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